First Business Financial adjusts CEO and COO compensation for succession planning

FIRST BUSINESS FINANCIAL SERVICES, INC.

President/COO David Seiler base salary increased from $392,813 to $455,000 per year, effective May 1, 2024.
Seiler's long-term incentive target raised from 35% to 40% of base salary, effective May 1, 2024.
CEO Corey Chambas base salary decreased from $640,000 to $512,000 per year, effective May 1, 2024.
Changes reflect ongoing shifts in responsibilities as part of succession planning.

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